The visa card is giving 5% cash back on all grocery and restaurant purchases, and 1% for all other purchases. You charge $2,000
a month and 1/4 is for grocery and restaurants. Use this information to find your monthly cash back amount.
2 answers:
2000 / 4 = 500
500 + 5% = 25
1500 + 1%= 15
Total cash back = 40$
Step-by-step explanation:
Total cashback from grocery and restaurant purchases = 500 * 0.05 = 25$
Total cashback from other purchases
= 1500 * 0.01
= 15$
<u>Total cashback = $ 40</u>
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